The Lagos State government is set to launch a new water transportation service called ‘Omi Eko’ in October, using 72 electric ferries and 25 new jetties. The project […]
Nigeria Launches Automotive Training Centre to Boost Local Electric Vehicle Production
The Federal Government of Nigeria has established a state-of-the-art automotive training center at Lagos State University of Science and Technology (LASUSTECH) in Ikorodu, Lagos. This initiative aims to […]
Faraday Future Invests $30M in Crypto: What to Know
Electric vehicle startup Faraday Future unveils a strategic $30 million crypto treasury initiative. The plan involves diversifying into top 10 cryptocurrencies, excluding stablecoins, and boosting innovation. This move […]
Faraday Future Invests in Cryptocurrency, Announces New Tokenized Vehicles
Electric vehicle company Faraday Future is entering the world of cryptocurrency with a strategic plan to utilize digital assets for revenue generation. The Nasdaq-listed firm announced plans to […]
Faraday Future Invests $30 Million in Cryptocurrency – New Era for the Electric Vehicle Company
Electric vehicle manufacturer Faraday Future has announced a major move into the world of cryptocurrency, committing $30 million to establish a dedicated digital asset fund. This bold initiative […]
Faraday Future Invests in Crypto: Plans Multibillion-Dollar Strategy
Electric vehicle startup Faraday Future has unveiled a multi-pronged crypto strategy to boost its finances and advance technology. The company plans to launch several initiatives, including a dedicated […]
Faraday Future Launches C10 Treasury & Index Initiative to Bridge Finance & EVs
Faraday Future has taken a bold step into the world of cryptocurrencies, launching the C10 Treasury and Index in August 2025. This initiative marks the first US-listed company […]
Tesla Launches Longer-Range Model 3 in China to Retain Market Share
Tesla has begun accepting orders for its upgraded Model 3, boasting a longer driving range than the standard version. This comes amidst fierce competition from domestic rivals like […]
Mercedes CEO Raises Concerns About Europe’s Aggressive EV Push
Ola Källenius, CEO of Mercedes-Benz, has expressed skepticism towards the European Union’s plan to ban CO2-emitting vehicles by 2035. He argues that such a move risks severe economic […]
VinFast Records Revenue Surge, Dives into Q1 Financials
VinFast Auto Ltd., a leading electric vehicle (EV) manufacturer listed on Nasdaq (VFS), has released its unaudited financial performance for the first quarter of 2025. This report analyzes […]
Trump and Musk Clash Over U.S. Spending Bill Impacting Electric Vehicles
A public feud between former President Donald Trump and Elon Musk is escalating, fueled by policy disagreements over a key U.S. spending bill. While no direct financial impact […]
China’s EV Market Faces Price Wars as Ministry Cracks Down
China’s Ministry of Industry and Information Technology (MIIT) has issued a warning against aggressive price wars impacting the nation’s rapidly growing electric vehicle (EV) market. The MIIT emphasizes […]
Elon Musk Shifts Focus: Tesla Profits Plummet 71%
Elon Musk is scaling back his involvement with Dogecoin, prioritizing Tesla amidst a significant decline in quarterly profits. Tesla’s net income plummeted to $409 million from $1.4 billion […]
ZI Electric Launches Africa’s First Electric Coaster Bus, Impala E30
Rwandan e-mobility company IZI Electric has unveiled a purpose-built 30-seat electric coach, the Impala E30. This bus is specifically engineered for African operating conditions and incorporates CATL’s revolutionary […]
EU Opens Talks on Chinese EV Tariffs: A Diplomatic Move With Economic Impact
The European Union has embarked on a new dialogue with China regarding electric vehicle tariffs, marking a shift after months of escalating trade tensions. The EU argues that […]